Lakeside Fire Department Inc

Analysis

Lakeside Fire Department Inc is a registered charity in United States, based in Syracuse, NY. It received its IRS tax-exemption ruling in March 2017, 9 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lakeside Fire Department Inc reported income of $89k and spending of $72k, spending 80% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $54k to $89k (+65%), an average of +65% a year. The sharpest change came in the year to December 2023, when income rose by 65%. Over the whole period it spent 84% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Lakeside Fire Department Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within NY. Charities of a similar size with the same main cause include Somers Vol Fire Dept Inc ($89k), Woodland Volunteer Fire and Ems Inc ($90k) and Cleveland Volunteer Fire Department ($89k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 61% of the total. At year end it held assets of $113k against liabilities of $0, net assets of $113k.